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#1
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I know there is a simple way to use look up tables to compute 2005 tax
schedules as referenced below but I can not find an easy formula to do this. I would appreciate any help on this. Thanks, George 2005 Tax Schedule - Married Filing Jointly But Not % on of the Over Over Pay Excess amount over $- $14,600 $- 10.0% $- 14,601 59,400 1,460 15.0% 14,600 59,401 119,950 8,180 25.0% 59,400 119,951 182,800 23,318 28.0% 119,950 182,801 326,450 40,916 33.0% 182,800 326,451 88,320 35.0% 326,450 |
#2
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1)PUt your table "as is" so the first value (the zero) is in Cell A3
2)Put any taxable amount in cell H1 3)Put this forumula in cell I1: =VLOOKUP(H1,$A$3:$E$8,3,1)+(H1-VLOOKUP(H1,$A$3:$E$8,5,1))*VLOOKUP(H1,$A$3:$E$8,4, 1) Does that help? Regards, Ron |
#3
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Ron,
That works great. Thank you very much. Again, I appreciate your help. George |
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